Monday, 27 July 2009

Trades 27/July/2009

Couldn't find much today. Just one trade to blog.

COL (Move thru prev day low)Weak first then fall thru OR on 2nd. The next two are NR candles, the 4th being NR3 weak off ema and OR low. This is our short trigger. Looked good initially as it got to 1R, but then came back to stop at breakeven.

1 comment:

Ray Ray
said...

Hi,Very nice traing ideas. i went over your charts and it seems like you aremissing alot of trades like the one you mentioned here, and not exploiting the max out of them. for example if you would take profit 1/2size each time when you reach 20 cents you will profit even in cases when the stock returns o break even.Other than that - i dig your style..

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All views and information expressed on this blog represent my opinion and analysis, based on data available to me at the time of writing. The watch lists and chart setups are my own and are not in any way recommendations to buy or sell securities